CAclubindia News


ICAI releases Exposure Drafts of SQM 1, SQM 2, SA 220 (Revised), SA 250 (Revised), SA 315 (Revised), SA 540 (Revised) and SRS 4400 (Revised)

   12 July 2023 at 08:58

Exposure Drafts of SQM 1, SQM 2, SA 220(Revised), SA 250(Revised), SA 315(Revised), SA 540(Revised), SRS 4400(Revised)

Posted in Audit |   8862 Views


Applicability of Standards / Guidance Notes / Legislative Amendments etc. for Nov & Dec 2023 CA Exams

   12 July 2023 at 08:58

ICAI releases Applicability of Standards / Guidance Notes / Legislative Amendments etc. for Nov & Dec 2023 CA Exams

Posted in Students |   19914 Views


ICAI issued Chartered Accountants (Second Amendment) Regulations, 2023

   12 July 2023 at 08:58

The ICAI issued the Chartered Accountants (Second Amendment) Regulations, 2023 on 7 July 2023.

Posted in Students |   25689 Views


50th GST Council Meeting: Key Takeaways

   11 July 2023 at 08:52

The 50th GST Council meeting was held on 11 July 2023 in New Delhi.

Posted in GST |   20874 Views


Income Tax Dept Sets Target of 50 Cases per AO for Survey and Online TDS Verification

   11 July 2023 at 08:47

The Income Tax Department of India has recently announced a new target for its Assessing Officers to conduct surveys and online verification of Tax Deducted at Source (TDS) in 50 cases each

Posted in Income Tax |   19356 Views


Direct Tax Collections Surge by 14.65% in FY 2023-24

   11 July 2023 at 08:46

Provisional figures of Direct Tax collections for FY 2023-24 register steady growth upto 9th July 2023

Posted in Income Tax |   2064 Views


GSTN Now Under PMLA, Enables Data Sharing with ED and FIU

   10 July 2023 at 08:53

The government has brought the Goods and Services Tax Network (GSTN) under the Prevention of Money Laundering Act (PMLA).

Posted in GST |   13146 Views


GST Scam: 25% of 69000 Suspected Accounts Fake, Rs 15000 Crore Evasion Potential Uncovered

   10 July 2023 at 08:52

The Central Board of Indirect Taxes and Customs (CBIC) has found that around 25% of 69,000 suspected GST accounts are fake. These accounts have availed benefits of around Rs 15,000 crore.

Posted in GST |   7548 Views


Non-Linking of PAN with Aadhaar can incur a penalty of Rs 6000 for ITR Filing

   10 July 2023 at 08:51

If you do not link your PAN with Aadhaar before July 31, 2023, and your PAN becomes inoperative, you may end up paying a late filing fee of Rs. 5,000 and file a belated ITR

Posted in Income Tax |   36720 Views


Income Tax Dept launches 'Know Your Refund Status' on e-filing Portal

   08 July 2023 at 16:39

Income Tax Department has now launched a new functionality called "Know Your Refund Status" on the e-filing portal that allows users to check their refund status directly from the portal itself

Posted in Income Tax |   62178 Views